,"AT&T Inc. (NYSE: T) has been a steady performer in the markets and investors have been closely monitoring its performance.
AT&T Inc. (NYSE: T) is a telecommunications giant and one of the world’s largest companies. It is the world’s largest provider of mobile phone services and the largest pay-TV provider in the United States. In recent years, the company has struggled with declining revenues, but the stock has been resilient and remains one of the most widely held stocks in the market. In this article, we will take a look at AT&T’s recent financial performance and make predictions into the future.
Regarding its financial performance, AT&T's track record is not impressive as the company's revenue and earnings growth has been negative in recent years. Over the last three years, the company's revenues have declined from $170.8 billion to $170.5 billion. Earnings have also declined from $19.2 billion to $13.4 billion over the same period. The company's financial performance has been hurt by increasing competition in the telecom industry, as well as a sluggish economy.